Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market 
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
Anthropic Restores Claude Fable 5 and Mythos 5 After U.S. Lifts AI Export Controls 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
Texas Man Charged After Fatal Tesla Full Self-Driving Crash in Katy 
Trump Administration to Launch Voluntary AI Standards for Frontier Models 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
GS Retail supermarket chain company s one of the leading retailers in South Korea. It is visited by many tourists as well thus, it will be launching foreign exchange kiosks to offer financial services to them.
GS Retail is planning to extend its financial services to foreigners by adding kiosks to its GS25 convenience store outlets across the country. The booth is also meant to be the company’s response to the growing demand for tourists.
As per The Korea Economic Daily, the South Korean convenience store franchiser revealed on Monday, Dec. 2, that it will be introducing the foreign currency exchange stalls in its own convenience store chain and GS The Fresh supermarket locations.
At this time, the kiosks will still be on pilot and will be available in 10 GS25 convenience stores and GS The Fresh outlets located in areas where most foreign visitors gather, such as Dongdaemun, Gimpo Airport, and Yeongdeungpo.
The GS Retail branded stores in these areas were chosen as the first ones to have the forex kiosk. The company further explained that made the decision to build the forex booths for the purpose of offering financial services and making it easier for tourists to exchange their currencies. It will also be easier for foreigners to access other related services after the pandemic.
Meanwhile, the foreign exchange kiosks that were set up in GS25 and GS The Fresh locations were developed by Ooddy, a company that also operates the integrated foreign currency exchange service called BuddyCash.
Visitors from other countries can exchange their dollars, euros, yen, and yuan in the forex kiosks. It will be accepting foreign currencies from 15 countries and exchange them for won to use while staying in South Korea. Finally, this service offers big convenience to tourists, so GS Retail is expecting positive responses from users.
